NOT LISTED FOR SALE

16 Russell St Saugerties, NY 12477

Estimated Value: $309,000 - $328,649

3 Beds
2 Baths
1,408 Sq Ft
$224/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $141,000 $100 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,261/month

82 Days on Market

Highlights

  • Beach Access
  • Wood Flooring
  • Eat-In Kitchen
  • Rowhouse Architecture
  • No HOA
  • 4-minute walk to Saugerties Village Beach & Playground

About This Home

As of August 2018

Right in the heart of Saugerties is this two story, two family gem just two blocks from the center of the village and walking distance to all the shops, restaurants and the beach! You can live in one unit and have your tenant pay a good portion of the bills. This would also make a great Air B N B. The unit on the first floor is a one Bedroom with hardwood floors, an open concept living room, kitchen and dining area with vinyl flooring. The tile bathroom has a stall shower. Go up the stairs from the foyer to a landing to park your bicycle. The upstairs is a 1 Bedroom and has all the original hardwood with tile in the bathroom with a claw foot tub. The eat in kitchen is spacious with amazing detail on the Craftsman style ceiling. The windows have been replaced along with newer furnace and hot water tank. The charm and style of the building are incredible and a must see.

Last Agent to Sell the Property

Michael Barros

Win Morrison Realty License #10401299156 Listed on: 05/19/2018

Last Buyer's Agent

Michael Barros

Win Morrison Realty License #10401299156 Listed on: 05/19/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,379

Year Built

  • Built in 1900

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 40x25

Home Design

  • Duplex
  • Rowhouse Architecture
  • Brick Exterior Construction
  • Membrane Roofing

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood

Flooring

  • Wood
  • Ceramic Tile

Attic

  • Pull Down Stairs to Attic

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Beach Access

Schools

  • Cahill K-6 Elementary School

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for all utilities
  • Legal Lot and Block 6 / 5

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Electric Expense $926
  • Fuel Expense $1,426
  • Insurance Expense $1,000
  • New Taxes Expense $5,211
  • Net Operating Income $12,143

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,379

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.02
  • Co List Office Phone: 845-339-1144
  • MLS Status: Closed
  • Architectural Style: Rowhouse
  • Master Plan Zoning: 06
  • Location Tax and Legal:Tax Block: 5
  • General Property Information Lot Size Acres: 0.02
  • General Property Information Lot Size Dimensions: 40x25
  • Flooring:Ceramic Tile: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Flooring:Hardwood: Yes
  • Income And Expenses New Taxes Expense: 5211.0
  • Foundation Details Slab: Yes
  • Income And Expenses Cap Rate: 8.0
  • Gross Scheduled Income: 22800.0
  • Income And Expenses Fuel Expense: 1426.0
  • Owner Pays:All Utilities: Yes
  • Cooling:None6: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Water Source:Public: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range Hood, Range, Gas Water Heater
  • Interior Amenities: Eat-in Kitchen, Other
  • Basement: None
  • Flooring: Ceramic Tile, Hardwood
  • Appliances:Gas Water Heater: Yes
  • Basement:None4: Yes
  • Appliances Range: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Roof: Membrane
  • Waterfront Features: Beach Access
  • Waterfront: Yes
  • Construction Type: Brick
  • Foundation Details: Slab
  • Construction Materials:Brick: Yes
  • Waterfront Features:Beach Access2: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Natural Gas, Zoned
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 360.0

Lot Info

  • Lot Dimensions: 40x25
  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 926.0
  • Insurance Expense: 1000.0
  • Net Operating Income: 12143.0

Tax Info

  • New Taxes Expense: 5211.0
  • Tax Block: 5
  • Tax Lot: 6

MLS Schools

  • Elementary School: Cahill K-6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2018
Closed on
Aug 27, 2018
Sold by
Murray James
Bought by
16 Russell Street Llc
Seller's Agent
Michael Barros
Win Morrison Realty
Buyer's Agent
Michael Barros
Win Morrison Realty
List Price
$159,000
Sold Price
$141,000
Premium/Discount to List
-$18,000
-11.32%
Current Estimated Value
$315,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,748
Avg. Annual Appreciation
12.29%

Purchase Details

Closed on
Jun 19, 2007
Sold by
Barritt Harrison S and Barritt Christine M
Bought by
Murray James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2005
Sold by
Darmi Peter G
Bought by
Barritt Harrison S and Barritt Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 1997
Sold by
Russell 1620
Bought by
Nagele Marcel A

Purchase Details

Closed on
Nov 1, 1996
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
16 Russell Street Llc $141,000 --
Murray James $170,000 None Available
Barritt Harrison S $170,000 None Available
Nagele Marcel A $59,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray James $2,978
Previous Owner Murray James $136,000
Previous Owner Barritt Harrison S $136,000
Previous Owner Nagele Marcel A $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $141,000 -11.3% $100 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $159,000 -- $113 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,379 $271,500 $58,000 $213,500
2023 $5,861 $238,000 $58,000 $180,000
2022 $5,369 $198,000 $58,000 $140,000
2021 $5,338 $167,500 $52,500 $115,000
2020 $5,239 $150,500 $47,000 $103,500
2019 $5,214 $150,500 $47,000 $103,500
2018 $5,107 $146,000 $47,000 $99,000
2017 $8,466 $146,000 $47,000 $99,000
2016 $4,308 $146,000 $47,000 $99,000
2015 -- $146,000 $46,500 $99,500
2014 -- $146,000 $46,500 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20181868

Hudson Valley Catskills Region Multiple List Service

APN: 4801-018.263-0005-006.000-0000